It would seem as against a sound policy of selling rubber for cash and Investing the proceeds advantageously till required, the sponsors of the Present agitation favour a polley of! selling rubber forward, which, in th opinion of the board, opens up field of additional risk and, in con sequence, does not have their proval. 'To revert to fees, your direetors and secretaries in Shanghai and agents in the Straits have in the past voluntarily reduced them, and it'the' necessity arises for similar action in the future, it will be done voluntarily, The following resolutions, all opposed by Mr. Soyka, were then passed by the meeting:
"Phot the report and accounts for the year ended Deceniber 31, 1035, as resented be accepted."—Proposed by Mr. W. Mellor and second by Mr.
"That a dividend of 5 cents per share be paid."—Proposed by Mr. Mellor and seconded by Mr. H. W, P. MeMeckin, "That the appointment of Mr. H. W. P. MeMeekin as a director of the ed: company be confirmed."—Proposed by Mr, W. B. 0. Middleton and seconded by, Mr. K. C. Chun.
"that Mr. i. Martin Little be re-elected a director of the company."—Proposed by Mr. S. R. Owen and seconded by Mr. K. C. Chun.
"That Messrs. Thomson & Ca. be relelected auditors to the company. at [an annual remuneration of Tis, 150." Proposed by Mr. Chun Bing-him, and jsecouded by Mr. L. F. Fisher.
Text read from the printed page and cleaned; old type leaves the occasional error.